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9.5.2019 - Insider Bookmark

9.5.2019

Hello everyone, welcome to a new day, and one that has brought more "headline" news. 

I said last night that the market would probably be stuck just under the S&P 50 day moving average UNLESS we got either more jawboning or something good concerning the trade war. Well, we got that.

8.2.2019 - Insider Bookmark

8.2.2019

Good morning all, we need to chat. 

Yes today is jobs day, and we'll get to that. But first we need to chat about yesterday for a minute. 

We were up over 300 DOW points around noon yesterday. We had virtually eliminated the entire plunge we got on Wednesday. But then in the mid afternoon, the wheels came off and down we went. For a while there we were down 300, so yes, a 600 point round trip day. 

7.5.20419 - Insider Bookmark

7.5.2019

Hello everyone, I trust your Holiday was a good one for you?  Ours was quite fine, thank you. While the weather decided to shut down a lot of outdoor activity (rain and boomers) we found ways around it, to enjoy the day. 

One thing about Florida is that for the most part, fireworks are quite common among the populace. The police don't come rushing in to stop people from popping off their own fireworks shows, unless of course there's some sort of really dangerous activity going on. So we can literally sit in the driveway and see all the fun we need to see. Long gone are the days where we used to go to the town's display, and getting caught up in 2 hours of stop and go traffic. 

6.7.2019 - Insider Bookmark

6.7.2019

Good morning all. Is this yet another Friday? Indeed it is. Wow this week went by like a shot. I'm embarrassed to say that last Friday night the wife and I brought home some hot wings from a local pub. Great wings, we just couldn't finish them. I would spy them in the garage fridge now and then and say, hey I'll eat them tomorrow. The next time I'd see them I'd say hey, I should grab these. Well, today they're a week old already. How the hell did that happen. I cannot believe it's been a week since having a beer and eating wings at the Ice house.  

5.3.2019 - Insider Bookmark

5.3.2019

Hi everyone. 

NOTE>> I will not have an 11 am update. I will do one at about 1 pm. 

4.5.2019 - Insider Bookmark

4.5.2019

 Another Friday. But not just an ordinary Friday, it's jobs Friday. 

There's a bit of push/pull going on in "jobs" land.  The initial jobless claims this week fell to levels not seen in 50 years. That's good news. 

12.7.2018 - Insiders Bookmark

12.7.2018

You all know the quote: 

December 7, 1941, a date which will live in infamy,  the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire of Japan.

10.5.2018 - Insider Bookmark

10.5.2018

Good morning all, welcome to yet another Friday. 

So yesterday the market had a particularly bad day. Bond yields, along with a lot of weakness in emerging markets, coupled with some troubling words out of the Chinese economy all added up to a pretty sloppy session.

9.7.2018 - Insider Bookmark

9.7.2018

Hello all, welcome to Friday.

So, it's jobs day and the numbers are out. According to the bean counters, we created 201K jobs in August. The unemployment rate remained unchanged. Wages rose a bit, but June and July were revised lower.

Naturally I can't let a jobs report go by without mentioning the "Birth/Death" model, which this time injected 104K jobs into the report. Jobs that most likely, don't exist. 

8.3.2018 - Insider Bookmark

8.3.2018

Good Friday morning to you all. Yes, another Friday. They come quick, don't they?

The DOW couldn't pull it off, but the S&P and especially the techs, put in a big fat green day yesterday.  AAPL hit a one trillion dollar market cap, and there were rainbows and unicorns abundant. 

We pulled the trigger on the QQQ's at 177.68, endured a little wiggle, and then watched it run to  179.53 for the close. 

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